Venezuela’s economic collapse was a murder, not a suicide

Medium - 2019-04-23 01:51:44

I’ll examine 3 possible explanations for Venezuela’s poverty:. Venezuela was already poor before they tried socialism. In the 1950s, dictator General Jimenez administered Venezuela as an oil-rich banana republic in servitude to international capitalists. Venezuela was prosperous on paper, with the 4th-highest GDP per capita in the world, but this...